Polyphenylene Ether Alloy Market (By Product - PPE/PS, PPE/PA, PPE/PP, Others; By End User - Automotive, Electrical & Electronics, Industrial, Others) - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 150

Introduction

Polyphenylene ether (PPE) are a class of polymers which contain phenolic monomers attached. On the basis of monomer types used in the polymerization, a variety of homopolymers and copolymers can be produced which are used a wide array of application. In combination with polystyrene, these polyphenylene ether combine to form single phase alloys in contrast to the other phases gained with most other polymer blends. Meanwhile polyphenylene ether and polystyrene are completely miscible. By blending PPE with impact modified polystyrene at different ratios, the final component opaque thermoplastic resins have a wide range of chemical, thermal, and mechanical properties. A huge grade of polyphenylene ether is available in the market.

Market Dynamics

The polyphenylene ether market is majorly driven by increasing demand from automotive industries, rising electronics manufacturing and increasing need for the better products. PPE/PA type is most widely used type of polyphenylene ether alloy owing to its high toughness and increased resistance to chemical and organic solvents. Additionally, increasing demand for recycled plastic in electrical and electronics and demand for light weight components in automobiles will support the growth of the market.During last few years, increasing demand for the fuels has increased the attention of various companies and thus a number of companies are trying to introduce the better and lighter products for automotive which will save the fuel. Light weight property of the alloy has supported the growth of the market. Conversely, high cost of the material and environmental issuers may hinder the growth of the market.

Market Classification and Overview

The global polyphenylene ether market is segmented on the basis of products and end user. On the basis of product, the market is segmented into PPE/PS, PPE/PA, PPE/PP, and others.  On the basis of end user, the market is segmented into automotive, electrical & electronics, industrial, and others.

Regional Overview

Geographically, the global polyphenylene ether market is segmented into North America, Europe, Asia Pacific, and the Latin America and the Middle East & Africa (LAMEA).

Asia Pacific is expected to dominate the global polyphenylene ether market owing to the low production cost, increasing applications in various sectors, increasing production in developing countries, and growing government support. Additionally, strong presence manufacturers in this region supports the market growth further.

Europe accounts for the second largest and fast-growing market due to the increasing demand for the better materials, favorable reimbursement policies, and availability of fund for research & development. European countries spend a lot of capital to use advanced technologies. Additionally, well developed automotive sector in this region has provided fuel for the market growth in Europe

The American polyphenylene ether market is expecting a steady growth. The major driving factors for the market are the increasing demand for the cheaper alternatives, presence of leading companies, and availability of investment. However, during the last few years, safety issues related to polyphenylene ether and changing government policies have disturbed the market in America.

Latin America and the Middle East & Africa holds the least share of the market owing to the limited availability of funds, poor healthcare infrastructure, and low spending on R&D, especially in African countries. The Middle East is the major contributor to the market growth. However, in the near future, the Africa region is expecting a sound growth due to many untapped opportunities in this region.

Report Coverage

Market

Polyphenylene Ether AlloyMarket

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product, End User, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Mitsui Chemicals, Asahi Kasei Corporation, Sumitomo Chemical Company, Saudi Basic Industries Corporation, Guangzhou OTEM Engineering Plastic, MidWest Resins, Formulated Polymers Limited (FPL), Bayer MaterialScience LLC, Maine Plastics Inc., Mitsubishi Engineering-Plastics Corporation, Ensinger GmbH, RTP Company, Ashley Polymers, Tokai Rika Create Corporation, Nantong Xingchen Synthetic Material, Avangard Innovative, Amco Polymersare the key players in the market.These players involved have adopted the strategies including product development, and mergers and acquisitionswith local as well as established players to sustain in the industry.

Market Segmentation

Market by Product

  • PPE/PS
  • PPE/PA
  • PPE/PP
  • Others

Market by End User

  • Automotive
  • Electrical & Electronics
  • Industrial
  • Others

Market by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


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